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  • Russia hit with 25 new UK sanctions as Cleverly warns Putin there’s ‘nowhere to hide’

    August 8, 2023

    Britain said it is targeting Russian President Vladimir Putin’s access to foreign military supplies by imposing 25 new sanctions on individuals and businesses. Foreign Secretary James Cleverly said the action will “further diminish” Russia’s arsenal and shows there is “nowhere to hide” for those assisting the illegal invasion of Ukraine. Those sanctioned include companies based [...]

  • Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs

    August 8, 2023

    A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]

  • Exclusive: IOC could ban Iran from Olympics over human rights abuses

    August 7, 2023

    The International Olympic Committee (IOC) stands ready to ban Iranian athletes from competing at next year’s Olympic Games in Paris if human rights abuses in the country continue, City A.M. understands. With tensions in the nation between protestors and both the government and Islamic Revolutionary Guard Corps, athletes have been targeted by the regime. Former [...]

  • Go to Porto Montenegro to gawp at the most expensive yachts in the world

    August 7, 2023

    The marketing slogan for Porto Montenegro, a luxury 450-berth marina and residential village, is A Life less Ordinary. And what could be less ordinary than the accompanying launch photo of a small boy fishing with his dad from the back of their boat: a gigantic superyacht? Given this new development is funded by the Investment [...]

  • LNG boom attracts Asian energy giants to London as Europe fights blackout threat

    August 6, 2023

    Soaring demand for LNG in Europe has triggered a flurry of activity in London, with Asian energy companies looking to maximise booming trade.

  • Oil prices boosted by six weeks of gains as supplies tighten worldwide

    August 6, 2023

    Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.

  • Ukraine sea drones attack Russia port damaging ship as Kyiv fightback continues

    August 4, 2023

    Ukrainian sea drones have attacked a major Russian port on the Black Sea, damaging a naval ship, according to a Ukrainian official. It is the latest in a series of strikes inside Russia as Kyiv vowed to bring the fight home to them.  Moscow claimed it repelled the attack. The strike on Novorossiysk marks the [...]

  • Further North Sea exploration won’t lower bills, but it will limit green jobs

    August 4, 2023

    More oil and gas in the North Sea is prioritising an industry which will mean, in the long term, bills are higher and we’re further away from self-reliance, writes Nigel Pocklington

  • Russia hit by drone attacks as Ukraine fights back with buildings hit miles from the Kremlin

    July 31, 2023

    Ukraine attacked Russia with drones on Sunday, damaging two office buildings just miles from the Kremlin and a pig-breeding complex on the countries’ border. The attacks, which Ukraine did not acknowledge in keeping with its security policy, reflected a pattern of more frequent and deeper cross-border strikes the Kyiv government has launched since starting a [...]

  • Summer break offers Formula 1 welcome respite from Verstappen dominance

    July 30, 2023

    As Max Verstappen crossed the damp line yesterday at Spa-Francorchamps in Belgium, it marked the conclusion of the opening act of the hit theatre show that is Formula 1. And with an intermission lasting until the end of the month, there’s considerable time to ponder over the season thus far. Red Bull and Max Verstappen [...]

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